The GEO Group Inc. Bottom Line Rises 21% In Q4

(RTTNews) - The GEO Group Inc. (GEO) announced a profit for its fourth quarter that climbed from last year.

The company said its bottom line totaled $71.65 million, or $0.97 per share. This was higher than $59.45 million, or $0.81 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.9% to $500.13 million. This was up from $427.74 million last year.

The GEO Group Inc. earnings at a glance:

-Earnings (Q4): $71.65 Mln. vs. $59.45 Mln. last year. -Earnings Growth (Y-o-Y): 20.5% -EPS (Q4): $0.97 vs. $0.81 last year. -EPS Growth (Y-o-Y): 19.8% -Analysts Estimate: $0.87 -Revenue (Q4): $500.13 Mln vs. $427.74 Mln last year. -Revenue Change (Y-o-Y): 16.9%

-Guidance: Next quarter EPS guidance: $0.82 - $0.84 Next quarter revenue guidance: $534.0 - $539.0 Mln Full year EPS guidance: $3.52 - $3.62 Full year revenue guidance: $2.18 - $2.20 Bln